Real Steel
One thing I have learned in my decades of investing is that very few sure bets present themselves in any given year -- except going with the current SEC champion against any Midwestern team for college football's BCS title at a neutral field. That said, every dog eventually has its day. Stocks and sectors that have underperformed for months or years can be the strongest performers in the months and years ahead. Good examples of this are banks and homebuilders. Both sectors were lousy investments for years but turned around in 2012 to be among the best market performers over the past 12 months.
The steel sector and the companies that supply the industry have underperformed the overall market significantly since late spring. Concerns about a slowdown of worldwide growth, poor pricing, overcapacity and a rough patch in the Chinese economy all contributed to a decline in the sector. Skies seem to be brightening, however, with rising prices and more certainty around demand from China. The sector has started to bounce back. Here are two cheap stocks that could perform well if the sector continues to rebound....362 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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